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News is the most important currency for most investors and if an investor is well aware of the latest developments in the market then it is possible for him to make the informed decisions necessary for long-term success. This morning there are a number of stocks that may come into focus due to certain key developments. This article is going to provide you with a quick look into those.
General Enterprise Ventures Inc (OTC:GEVI) – GEVI stock made a big move yesterday as it ended up with gains of 22.86% amidst unusually high trading volume and closed above $0.40.
On March 24, the company announced that Mighty Fire Breaker had started shipping samples of its MFB-31-CitroTech fire retardant as well as technical and marketing information to retailers all over the United States. The company also noted that it expected the rollout to be a success given the early feedback it had received from some of the stores it had sent the product to locally.
SusGlobal Energy Corp (OTC:SNRG) – SNRG stock was another major mover on Thursday as it ended up with gains of 28.50% on hefty volume.
The environmental, industrial, and agricultural biotech firm announced last month that SusGlobal Energy Belleville, its fully-owned subsidiary had managed to generate around 9,500 more Verified Emission Reductions and Removals. It also managed to sell 3000 carbon credits as part of the Anew™ SusGlobal Belleville Composting Offset Project in Ontario.
Houston Natural Resources Corp (OTC:HNRC) – The stock has been on a roll and gained 133% since early March. On May 04, the company announced strong financial results for the fiscal quarter that ended on March 31, 2023.
Houston Natural Resources generated revenues of $4,178,580 and which reflected a year-on-year rise of 17%. The total earnings for the quarter stood at $2,660,713 and that worked out to a rise of 32% from the year-ago period. The total assets with Houston Natural Resources Corp went up by 25% year on year to hit $92,839,255. The earnings per share came in at $0.03 for the quarter and reflected a 50% rise from the $0.02 generated in the prior year’s quarter.
Moreover, On April 25, the company said that FINRA has reviewed and completed the corporate action to pay a dividend.
ImmunoPrecise Antibodies Ltd (NASDAQ:IPA) – ImmunoPrecise Antibodies Ltd is making significant strides in the deployment of artificial intelligence in the biotech sector.
The company’s subsidiary unit BioStrand has come up with the LENS platform, which is an artificial intelligence-powered platform that can crunch vast volumes of biological data quickly and accurately. The platform is powered by HYFT technology, which helps in providing a far better and more accurate comprehension of biological systems.